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CSPAN
Dec 12, 2012 6:00am EST
on time. we have ailson frasier, director of the institute for economic studies at the heritage foundation. as director, she oversees the heritage foundation research on a wide range of domestic, economic issues, including federal spending, taxes, the debt and deficit. before joining heritage in 2003, she was deputy director of the oklahoma office of state finance where she worked for governor. next, rudy penner, the institute fellow and the rj and francis miller chair in public policy at the urban institute. prior to that in his long career, he was director of the congressional budget office where he supervised a young economist who did not learn a whole lot from them and that is what i am here rudy has had a distinguished career he has had. i remember those conversations. i hope i can do them-just -- i can do them justice. finally, we have david walker, founder and ceo of the comeback america initiative. he is formally the comptroller general of the united states. he was also the head director of the u.s. government accountability office for almost 10 years. he is widely read
CSPAN
Dec 20, 2012 6:00am EST
the thing to do at that time. we return to pass health care reform and other issues. as we have all said here today and all believe, this has changed when you realize that someone with one of these guns, with one of the high-capacity assault magazines can go in and kill little children and their teachers. the majority of americans agree with us on this, and that is why we will have to pass the legislation. i want to thank everyone for coming. did you have a word of wisdom to hearken back to the past? >> i think the leader in day and said the reality in congress, 2009-2011. the house took a lot of boats that never went anywhere in the senate and had to concentrate on what could did -- could get done. we save the economy. we pass universal health care for the first time. but this has now changed. the reason we are all here today is not just that we just had a terrific example of the carnage that results would be given to the enablers of mass murder, the leadership of the nra, but we think, hope, believe, and are working to make sure that the carnage has changed the equation. politics
CSPAN
Dec 4, 2012 8:00pm EST
quote . [laughter] two of us so far. i will see you at the reunion dinner. [applause] [laughter] i am sure the press will not read too much into that one. [laughter] i want to thank you all for your kind hospitality. i want to thank you, jimmy, for holding this event. wherever i went, people would say, i work for jack kemp. that legacy lives on some much because of the connection to the family. there was something this legacy .as such reach hi it is an honor to be a part of this an. jack kemp was my mentor. knowing jack kemp was one of the greatest experiences of my life. i was lucky to work with him. i do not know if bill is here. he has to wake up really early in the morning to do his radio show. he and i served in the house of representatives. we had our top hits. -- tough hits. we share something in common. we both used to be the next vice president of the united states. [applause] though i wish this election turned out a little differently, i am proud of a campaign has mitt romney and i ran. he would have been a great president. it would have been an honor to serve at his side. we gave th
CSPAN
Dec 20, 2012 1:00am EST
. >> that is what he said. >> you have to look at the whole statement of his, and to use that as an excuse for this bill -- by the way, at 97% of small businesses have in come under $250,000. so to use that once again as the rationale is i think ignorant of the fact. let me just say a word about the provisions on earned income tax and the child tax credits. you can play around with language, whether it is a tax or spending, but the truth of the matter is that the bill that was filed last night would raise taxes on 25 million working families. >> i just cannot believe that. this is the joint committee on taxation that says the provisions are spent. these are spending provisions, not tax provisions. this is not a tax increase. i will just then by the joint committee on tax reform. >> i have enjoyed the discussion to between the chairman and ranking member. is it a fact that when you make these tax cuts permanent for people making a million dollars or more, then you are at the same time, 9099000 for example, you are giving that person of $50,000 tax cut. >> about understood correctly what you
CSPAN
Dec 11, 2012 8:00pm EST
some people want to put on the table really doesn't deal with the deficit at all, and that's social security. so before we even get into this discussion tonight, let's just understand or anybody that cares to take on this issue that in dealing with the fiscal cliff, social security is not the problem. the deficit is not caused by social security. social security has never been and in its present form, will not be part of the deficit issue. it's separate and apart. it is a special program. has its own source of revenue. has its own trust fund and isn't running the deficit at all and has not run a deficit. so let's put social security to the side and say, yes, in the years ahead, maybe even next year, but probably three to four years out, social security will be dealt with, as it must, because we will have to make adjustments. but that is really not the debate about the deficit, sequestration or the fiscal cliff. coming back to the fiscal cliff, let's take up one of the very big programs and i'm not talking about the department of defense, which is one of the major expenditure items b
CSPAN
Dec 5, 2012 1:00am EST
numbers back -- numbers? >> here are the figures, when you look at it. oecd started after world war ii. you could at least tell what the revenue was. we did know what the gdp was. no. and we are now, all governments, spending 42% of the gdp. and we want to make any effort to stop that? or are we discussing to say it has never stopped before? >> i think the earlier social security, not fully implemented. there was no medicare. it has been pretty stable since 1980. it goes up and down with the business cycle, but it is pretty stable. this is the division between the right and left. who will continue to fight about bigger government and smaller government. we will not do it by refusing to pay for the government we have, thinking the economy in the process. that would be a good start, as a backdrop. i want to touch on your question about corporate and individual taxes. the third piece is small businesses. we work out how develop a tax code that is good for competitiveness. you need to think about how those play into it. i think one of the things to keep hearing through messages with differ
CSPAN
Dec 26, 2012 8:00pm EST
. and they came into the kitchen at hong kong and said we wonder -- we like your president and we want to contribute to his campaign. the man who said that was the equivalent of the cia. these were people who were under oath and swore to this and we also had over 100 people take the fifth amendment or flee the country. there was a lot there. that is not to say that president clinton did not do some good things. he worked with newt gingrich and we got out from under some difficult financial problems but i do believe and i still believe there was some illegal activities that took place and we were unable to get the job done. i've always said that janet reno was the greatest blocker than anybody i had ever seen in the national football league. one thing i've learned was if you're the president and you want to protect your legacy and office you want to make sure you have an attorney general that will protect your back and janet reno, god bless her, she did that very effectively. i sent five criminals i thought were ironclad and she never moved on any of them. the clinton administration did
CSPAN
Dec 21, 2012 1:00am EST
well. the report looks at serious systemic problems, outcomes that are not acceptable. problem's that secretary clinton has said that we take responsibility and problems we begin to face. i would like to add a few words based on my own experiences as a career diplomat in the field. i have been a proud member of the foreign service for more than 30 years. i have had the honor as -- of serving. secretary clinton has said that diplomats cannot work -- and do their jobs. there are consequences. our interest suffers and our security is threatened. chris knew that as well as anyone. we want to ensure the best possible security support for our people. senior officials in washington sure that profound responsibility. we have to reduce the risk that people face and make sure they have the resources that they need. that includes the men and women of the depomed execute he service. i have been deeply honored to serve with many of these brave men and women. they are professionals and patriots. they serve in places where there is little or no u.s. presence. i trust them with my life. it is im
CSPAN
Dec 27, 2012 6:00am EST
bad at creating a balance between deficit and surplus regions. a geographic problem, and intertemporal. remember -- if that comes first, suddenly the money lender who later becomes a banker who later becomes wall street plays a hugely significant role in this process. the banker is the conduit of that recycling mechanism. when they get an increase in proportion as the result of their mediation of that process. given that, a failure of the banker is not the same thing as the failure of a clothes maker. suddenly, there are two things that must happen. one, society will demand that banks are not allowed to go to the wall. then bankers are affectively given carte blanche, free money for themselves. and the whole mechanism breaks down like in 2008. it is often said in the eurozone, we made a huge error in europe of binding disparate economies by means of common currency. this is not the first time these things that happened. it happened in the united states of america. you have disparate economies in the united states of america that are bound together monetarily. missouri and
CSPAN
Dec 12, 2012 1:00am EST
discussion later, at whatever point the administration decides they need to have that authority. i do not think there is going to be any sentiment whatsoever toward giving the president perpetual authority without congressional approval. i do not care whether senate democrats are for the or not. i would hate to have to defend that in the campaign. that is not going to happen. we are going to insist that we have another discussion about the future of our country, in connection with his request of us to raise the debt ceiling. i am going to take one more. >> the majority leader ahead wants to take [indiscernible] do you support that idea? you think republicans will provide procedural help? >> lou will look at it when they present it. i heard he wants to move that soon. when he does, we will take a look at it. thanks. >> senate majority leader harry reid spoke to reporters after his party caucus meeting. he said reaching a deal on the so-called fiscal cliff before christmas will be difficult, as house republicans have not offered any detailed proposals. his remarks are just over five minutes
CSPAN
Dec 26, 2012 1:00am EST
conservative choice, someone who had at least a taste of the national stage or, which was more of a consensus in the political committee, that he might take rob portman from ohio because ohio is so important. portman was a guy who is a center-right conservative, who might be more broad. i think barack was surprised by the choice. >> do you think portman could have changed the outcome? >> i don't know. there is a lot of reflection on that in romneyland. >> when you were talking about the adjustment that obama felt he had to undergo, and tell me what are the difficult things? >> what is different is the intense relentless scrutiny. remember, most candidates get to begin with very little press or no press in rooms of tender 12. he can -- of 10 or 12. he opened up right on broadway. and all of the reviewers were in the front row on the first day. as he was developing his chops as a presidential candidate, they were already evaluating. if you look at the first four months to five months of the primerica made it was very negative. he was underperforming. he was overrated. >> there was a l
CSPAN
Dec 28, 2012 1:00am EST
having to go to a filibuster. it was very difficult to get 60 votes. it was difficult at times to get 60 votes to tell what day it was or whether it was day or night. we proved we could work together. that did not work in perpetuity. for that period of time, there was a willingness to cooperate and work together, the likes of which we have not seen since. >> harry reid has announced an interest in changing filibuster rules. do you support a change? >> we have to do something. it is a process -- people think of a filibuster in "mr. smith goes to washington." i think we should have those rules in place to change it so mr. smith stays on the floor during the filibuster. it does not just run time against the senate. it does not make any sense. if somebody feels strongly enough that they want to bring the senate to a halt, they should be willing to stay there on the floor and explain why, and i think it would be self- enforcing if people would be less likely to. people look at the senate and cannot work together, cannot get anything done, and one person wants their pay to be docked. >> any ot
CSPAN
Dec 13, 2012 1:00am EST
need to reduce it 100%. but we cannot do with that -- without that. the farm bill spornt. look at some more of that but we need absolutely, i cannot say it enough, soing many people this morning made that point clear, we can and i know that numbers of republicans want to do this in a bipartisan way, we can do what we've already agreed on that is that the middle class should not have a tax increase but that the rich every people in this clint, that's what the country was founded on, should be paying their fair share. and there's simply no reason for this delay. once those tax cuts are passed andy can move on to countless other issues i've already mentioned that demand our attention. we can extend unemployment insurance. it's set to expire on january 1. it will affect millions and certainly affect our economy. we can give support to millions of americans struggling to recover from hurricane sandy wefment can begin an open deba as i said on the violence against women act. historians have said that this term of congress, these last two years, have been the least productive in american hist
CSPAN
Dec 6, 2012 1:00am EST
our discussions in the biden group, my discussions at the white house a year and a half ago and for that matter, in the joint select committee. and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. if you look at the plans that the white house has talked about thus far, they couldn't pass either house of the congress. we are ready and eager to talk to the president and to work with him to make sure that the american people aren't disadvantaged by what's happening here in washington. >> good morning. you know, i think at this point, pretty much most folks in the country and certainly in this town know where both sides are on taxes. i think we understand that. but to the speaker's point, we have not had any discussion and any specifics with this president about the real problem, which is spending. we have got to do something about the spending. and obsessions to raise taxes is not going to solve the problem. what will solve the problem is, doing something abo
CSPAN
Dec 12, 2012 8:00pm EST
congress and i thank ken and all the people at all saints church and the armenian cultural center for their support in educating me about their committee issues and concerns. i also want to recognize the bahai community in the 10th district which helped me build support to recognize the atrocities of the people persecuted in iran. we put together an advisory board to speak out about the mistreatment of religious communities in bangladesh and human rights abuses taking place in africa. i think for the help with regard to this area. and we also focused on human rights and democracy promotion inside iran, but our work did not stop there. mr. speaker, in my very first speech on this house floor, i said that iran posed the number one security threat to the united states. and thanks to the advice and counsel of so many good people in the 10th district of illinois, community leaders like sandy perl, steve shapiro, janet cohen, the carvers, richard stein, steve lavin, rabbi victor wise berg, mark sax and so many more, thanks to their passion we continue to work on preventing this iranian regi
CSPAN
Dec 28, 2012 6:00am EST
. look at the history of the cherokee indian case. the supreme court says the law says the northern georgia belongs to the cherokee indian tribe. the president of the united states says the supreme court made this decision, now let them enforce it. go forward. andrew jackson sends troops. they go down to oklahoma on the trail of tears. the efforts that were made to desegregate after -- when holmes was on the courts, contrary to what the 15th amendment says. when they keep a black person from the polls. we cannot strike this down because nobody will do what we said. we are not unfamiliar with this kind of problem. what i usually say, because i believe it so much, i think a great day in the history of the law of the united states in respect to establishing a rule of law was the day when the nine black children in little rock were finally -- you have the case which arises out of little rock. little rock begins when a judge says, we mean it. the first year, what happened? nothing. the second year? nothing. the third year, they finally get around to doing something. put those nine childr
CSPAN
Dec 6, 2012 8:00pm EST
interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday, he finally revealed that that is not really is true intent. by demanding the power to raise the debt limit whenever he wants, by as much as he wants, he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. this is not about getting a handle on deficits or debt or him. it is about spending even more than he already has. why else would you demand the power to raise the debt limit on his own? by the way, why on earth would we consider giving a president who has brought us four yea
CSPAN
Dec 7, 2012 1:00am EST
cuts? >> i would not be willing to default on the debt under any circumstances. look at the history of what has been done. there is a long history of using that debt limit as a moment to distract from the party in power. if we had an academic seminar on the impact of the that struggle and the fiscal policy, he would say that it was a negative thing. >> well, i have never until last year of august 2011, i have not seen any serious effort or serious threat made by the leadership of congress to refuse to give the secretary of treasury the ability to offer to meet obligations congress had adopted. i thought that was a new experience for us. it certainly was for me to see that happen. dr. zandi, you said you think that we need to repeal this law that tries to set a debt limit and concentrate more on taxing and spending policies that causes to raise the debt, as i understand? >> absolutely. it is a bad way to conduct policy. it is a problem. look at july and august of 2011. it was a mess. gdp downgraded the debt. it really had an impact. cbo is estimating the interest costs is costing us
CSPAN
Dec 7, 2012 6:00am EST
ideal situation. they get you at roughly at $3 trillion. deficit-reduction over the course of 10 years. you went on to add the $1.20 trillion over last year's negotiations on the debt ceiling. the negotiations over last year's debt ceiling -- the new number would really be 1-1. that is not actually my question. i want to get to now. we have looked at the president's offer. we haven't found any spending reductions at all. we found the $1.6 trillion tax increases. the stimulus spending,we saw the extension of the unemployment insurance, which is an increase in spending. the delay in the spending cuts whatsoever. do you think the president's current offer gives us the 2-1 test? >> no. it is short. he needs to come up with roughly $600 billion more in spending cuts over the next 10 years. i think that there are significant reforms in medicare, medicaid, agricultural subsidies, and other programs in the budget. those are difficult things to implement. it takes a lot of guts to propose those things. i would not discount them. they are important. to answer your question more specificall
CSPAN
Dec 14, 2012 6:00am EST
very much for your comments. when we arrived, and i arrived at the department, we had hundreds of thousands of cases that had not been processed in years. they were left piling up in county assistance offices. it is our duty as a state, where mandated by federal law, to follow the law -- to follow the laws that you passed. >> ten days? >> we went through meticulously to make sure that we checked that every family that was eligible was eligible, and whatever family was not eligible was not eligible. this was not about children because we determined that as a family -- we're talking about families and individuals, not just children. >> my understanding is that the 89,000 figure represents only children. >> there were much more than 89,000. let's get to what we did do. we meticulously went through -- we sent them notices through federal law, we followed the law, and the regulations. >> ten days? >> we sent them notices. it was more than 10 days. if they did not reply, then they were terminated. if they did not reply within the accounted time -- we give them every chance possible. eve
CSPAN
Dec 19, 2012 8:00pm EST
. the gentleman has one minute remaining and -- then mr. burton will be recognized at which point he can yield time. mr. burton: i will do that. thank you. the speaker pro tempore: the gentleman from massachusetts. mr. markey: and if barney frank was down here, none of us would have -- none of this would have happened in terms of the understanding of the parliamentary procedure. he was up there trying to grab an managenary microphone. . john oliver has been for us -- olver, has been for us an invaluable colleague. he taught so much to us. when he sat down with us talking about transportation, he explained our own districts to us as far as what was possible. on climate change, i talked to him for about 20 years. he was on this issue in the early 1990's and probably understood it probably even before that. he is that smart. he is that visionary in terms of the issues are essential not just to massachusetts, but to our planet. and it has been migrate honor to have served with you, john and to have called you my friend and colleague overall of these years and we thank you so much for
CSPAN
Dec 5, 2012 6:00am EST
-- and another would be if you put a cap at $250,000, you have to face it again. on a blackboard you can get to the kinds of numbers that boehner has mentioned, although i have not seen what specifics are behind it. to the extent to put constraints on that, you've trended that number down. -- you start trimming that number down. >> i want to expand this out. >> i want to start by taking a step back in terms of what we are trying to do in fixing the budget. it is an opportunity to reform our budget as put in place a deal that would stabilize the debt. there are a lot of things that are wrong with our budget. when you think about spending, you do not want to renew spending. you want to think about how to shift our spending from consumption to investment, about how to change entitlement so they are for the long term, not squeezing out the rest of the budget and strengthening them for the most vulnerable. on the tax side, no question you want to reform the system. there is nobody who should want to be in the business of defending our current tax code. to start with the most daunting, we
CSPAN
Dec 20, 2012 8:00pm EST
forward on plan b. we'll also take a look at our facebook page, -- not our facebook page, our fiscal cliff page and we'll try to read some of those tweets. we'll go to minneapolis a democratic call. let's go to michael. >> i'm just calling to say the president of the united states won the election. i know there are a lot of republicans and conservatives who are not necessarily happy with that. but he won, you've got a senate majority democrat, the president is democrat. they've got 1/3 on the republican side. have you to concede the president went up to 400,000 for the tax cuts. -- or for the tax increase. do the republicans in any way consider what any of this will do to the disadvantage to people who are on the margin paying their mortgage. i don't care if you make 20,000 or 75,000, you're house is fully mortgaged and you're on the edge. the media is playing this as a game and everything and it's talked about what the potential outcome could be. >> again the news the plan b vote on plan b will not happen. the house gaveling out and looks like they are done for the evening. the reporters
CSPAN
Dec 6, 2012 6:00am EST
the table with specifics like he is doing. >> we have done something. if you look at either proposal, they want every tax rate to go up. we all agree that group of rates should not go up. we just disagree on the top 2%. let's go where we agree which would be the current rates and make sure the folks in the middle class don't have an increase. we all agree on that. but they want more and more. we are saying that you have to start somewhere. they don't want to use the procedure to allow their own people to vote on it. they are holding the american people, the middle-class hostage for small issues they want to fight on and play the press war. we agree on these rates to be lower. we just disagree on the top two. >> live to fight another day is your advice. when the other day comes will democrats refused to entertain any discussion of entitlements? >> there are many proposals that have been made by a variety of people on our side in that area. the bottom line is very simple -- we're not going to negotiate those details on till we get an agreement on the tax side. as the original meeting o
CSPAN
Dec 21, 2012 6:00am EST
itself -- the process has not been perfect. i will say this. if you look at what it is we have concluded, the $238 billion over 10 years reduction, the reconciliation package that passed this house earlier this year, you mentioned we have before us that will be debated separately here that is pared back from the measure that passed the house of representatives. the only changes made of and made to accommodate the data change, pushing in this month of december the would-date -- date change, putting in this month of december. for those who believe this is imposing draconian cuts that will be devastating for those struggling in this country, i remind him of the alternative, which happens to be sequestered. it is our hope that this reconciliation package will ensure that the sequestered that would be devastating does not take place. this is the alternative to the sequester, mr. speaker. we actually will exceed those rates. that is part of the 2003 agreement that we had. if any action we take that is less than that top rates of 39.6% is actually a tax cut. we need to recognize that.
CSPAN
Dec 13, 2012 6:00am EST
2.5%, that inflation will remain at or below going forward. finally, the thresholds that we have put out are entirely consistent with our long standing views and what the rate path has to be, the path of interest rates, in order to achieve improvement in the labour market while keeping inflation tote -- close to target. i think both sides of the mandate are real well served. it is an attempt to clarify the relationship between policy and economic conditions. >> given that your economic projections are all the more important now that you have specified these targets, is it difficult to put forward these projections now given the uncertainty over the fiscal cliff? how plastics are these? >> are you talking about the ions?roject and stac clearly the fiscal cliff is having an affect them, even though we have not reached the point of it kicking in. it is already affecting business and hiring investment by creating uncertainty or pessimism. we saw what happened recently to consumer sentiment which fell in part because of concerns about the fiscal cliff. clearly, this is a major risk factor
CSPAN
Dec 19, 2012 6:00am EST
. we encourage that resilience in our own community. we have seen at built extensively in saudi arabia in their efforts to deal with extremism. i think the popularity issue is a significant one. i would not ever confuse it with how people feel about us. it is a very different thing. >> in many places, we want friends. i have a three-part question -- what can we do to encourage a resolution or force a resolution to end the conflict? how likely is it we can do this successfully? what are the continued benefits of we succeed? >> i will ask bruce to begin. >> the israeli-palestinian conflict is extraordinarily difficult to sell. i have spent an inordinate amount of my life with israelis and palestinians trying to reason together and cannot claim any measure of success. that said, i think where we are today is substantially different than where we have been in the past. we know the contours' of agreement between israel and palestine. president clinton laid them out 12 years ago. there has been a lot of work since then. the question then becomes, what are we prepared to do to make tha
CSPAN
Dec 26, 2012 6:00am EST
the white house. so i went back there to help on jokes. and we had lunch. at the lunch, he had just been down to alabama where they had a terrible storm and he was telling me stories of those he met down there and finding get the difference at cape canaveral. it was after she had been shot. he never imagined that she would recover from that at all. and it was just a normal conversation. then the speech writers came in and we went through the jokes. we got to play jokes -- poor tim pawlenty. annie says let's take this out. osama bin laden. that is so yesterday. [laughter] let's take it out. and someone says, well, we can stick in hosni who was still in power. and obama says, yes, let's do that. and that is not funny at all. but he is the president. [laughter] the next night, my wife susan was sitting over here. where are you? there you are. say hello to my wife, susan. [applause] a k-12 lab schooler. so i went to sleep early and had a television show in the morning. she said would gut, i think they just got osama bin laden. my blackberry was blowing up. my wife turned on the tv. and
CSPAN
Dec 4, 2012 8:00pm EST
and incomes fire lower than the income levels at which you would hit the 35% rate and regular tax. >> why do they call it a patch? >> it is a one time year by year patch to stop the broad expansion. you could ask why they call it a cliff. they have discussed this in terms of the patch. it is a year by year increase in the exemptions. the patches nothing but the increase in the a in the exemption to prevent tens of millions of people from being forced to fill up the return you have. the only thing i would add is the package, what makes this so critical in the fiscal cliff discussion, is we are talking about the past for the 2012 taxable year. -- unlike the rest of the fiscal cliff which effects rates that will apply next year. the patch applies for returns we file early next year. if there is no congressional action, there is an abrupt increase in tax on the 2012 taxable year. in 2011, approximately 4 million people paid the amt. if there is not a patch, 30 million people will be required to pay the amt in 2012, and they will pay an additional $90 billion in tax. very few of them h
CSPAN
Dec 27, 2012 1:00am EST
crisis of debt. let's begin at the beginning. let's talk about debt. reading the mainstream outlets, newspapers, or listening to the idiotic stations like fox, hyou would think that it is possible to have capitalism without debt. recall of feudalism. -- well, it isn't. once, it was possible to have an economy with debt that is marginal. recall feudalism. what was the process that led to the accumulation of wealth? it began with production. peasants work on the land. they produce wheat, corn, so production came first. then came distribution. that would come in and take a large part of that mountain of corn for distribution between the peasantry and the gentry. eventually, you had financialization. the landlord would sell in the rudimentary, marginal market, his surplus. and with the money, indulge in some money lending. so you had production, distribution, and financialization. and debt creation. but financialization came at the end and was not essential for production and distribution. with capitalism, what you had was the perfect reversal of the process. so how is capitalism differ
CSPAN
Dec 18, 2012 8:00pm EST
. woodall: at this time, it's migrate pleasure to yield the gentleman from california, chairman of the ways and means health subcommittee, mr. herger. mr. herger: i thank my good friend. how wonderful it is to be able to sit here and listen to all these incredibly warm remarks from people who, like myself, know and love jay pearson. and there's a reason for that. jay, you're one of the best of the best. and i think, it's hard to believe that 26 years comes and goes so very, very quickly, but it was 26 years ago when i first came here. and of course, you come here and you're excited and you come here with a dream, because of our great country and preserve our constitution, but, boy, there's a lot to learn. there's a lot of hall ways to figure out. there are a lot of procedures to try to figure out how to work our way through. and jay, you were always there. you were there to a guy like myself that i could come up to on the q t and asked jay, what could do next? what is this vote on? when is the procedures coming up next? and no matter what the question, jay pearson had the correct a
CSPAN
Dec 25, 2012 8:00pm EST
reelected. as you take a look at what happened two weeks ago, how do you assess this? >> let me just say first that i made a very good living and politics betting against conventional wisdom. it is a general principle of mine that the conventional wisdom is almost always wrong and it was wrong here. it was wrong here because what we often do in political circles and journalism is that we look at what happened in the last election or past elections and we think it is prescriptive for what it will happen -- for what will happen in the future. it is a much more dynamic process than that. " the assumption was that no the prison had been reelected other than franklin roosevelt with such high employment. but no other president had the same issues going on as franklin roosevelt. certainly several hundred focus groups -- the next time we meet, i will have the right number -- we spoke to thousands and thousands of people in a very intimate way. invariably, people would say we are not happy where things are at. and we were talking with swing voters, people who could vote for us or against
CSPAN
Dec 5, 2012 8:00pm EST
agreement. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left. we always have to make -- there has to be a special mass when we deal with minorities bec
CSPAN
Dec 19, 2012 1:00am EST
looked at as well? guest: we had much more of a country that still restricted alcohol after prohibition four decades ago. that is one reason atf has fewer agents. canada tried to register the firearms and tried for over 10 years and finally dropped it. that didn't work out. i am not saying we shouldn't keep better records. fbi and other agencies should look at the background of everyone. i am not an expert in all these areas. having this debate where everybody blames the gun and everybody says it is the people involved on the other side, that is too simplistic. we have to put everything on the table. we can debate everything. we should debate our mental health situation. connecticut does not allow forced medication for people that are mentally ill. and our gun-free zone policy, which obviously has not worked. host: "the washington post" also notes -- host: joe from maryland. caller: my name is joe and i'm watching this on the news and everything. i make vietnam veteran with ptsd. this has headed lake-effect on me. -- has had a big effect on me. we have to do something to pre
CSPAN
Dec 13, 2012 8:00pm EST
forever. at some point reality should set in. the only question is how much the trust's sole class families and how much they will have to endure during this process. many other pieces of business critical to middle-class families that we will be working on if we resolve the fiscal cliffs. the three leaders here with me will talk about that today. they are waiting and waiting for the press conferences, and reality will set in. and it hasn't yet. he finished another one a short time ago. he is ignoring the points of the -- voice of the american people. speaker banner knows, or he should know, that we have to pass -- this would sell to the house of representatives. -- sail through the house of representatives. i would doubt that there could be any democrats voting for this and as we know, the republicans -- more republicans joined every day. i understand that the house is gone until -- one reason that they're asking to leave is so more republicans will say that what they think he is doing is wrong. they are leaving and this is hard to comprehend. we have nothing to do until they do s
CSPAN
Dec 14, 2012 1:00am EST
? they are going to come to you at some point without having preventive care or health care maintenance when they are very sick and cost the state more. >> thank you very much to focus the attention on what all of the coverage is supposed to address, which is people oppose the health status and outcomes. in my state and state's nearby, was a great disparity in diabetes and obesity. we have looked at the outcomes on medicaid and we do not see a great bit of difference. we have a system not turning out the kind of health outcomes we would expect for the amount of money we put a in. we have looked at expanding medicaid. let me show you some numbers around it. chairman waxman went through the numbers in louisiana for how many people would get it. he cited 265,000. we look at our numbers, the first year alone 467,000 people would join the roles. 187,000 already have private health insurance. we would see a cannibalization of the private health market taking healthy risk from a system where people pay some portion of their care and move it into medicaid. hospitals and doctors will see reimbur
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